Webster Bank has announced it has been chosen as the Business of Year by the Northeastern Economic Developers Association (NEDA). The award was presented Sept. 12 during NEDA’s annual conference in New Haven, Connecticut.
John Guy, executive vice president and director of business banking, accepted the award on Webster’s behalf and spoke at the conference. “Over the years, our vision has grown, our mission has evolved, but our core values have remained the same – helping businesses and consumers achieve their financial goals,” said Guy. “This is about making communities where we live and work safer, stronger, and more vibrant through strong business relationships; and as they prosper, so will we.”
The award is given each year to a regional for-profit company that has shown outstanding and continued commitment to the economic well-being of the communities it serves. It also recognizes initiatives related to labor/workforce development, entrepreneurship, and overall understanding and support of local economic development issues.
Based in Liverpool, New York, NEDA was founded in 1956 as the Northeastern Industrial Developers Association. As a professional resource for economic developers, it has promoted professional economic and industrial development throughout the Northeast and has championed effective, innovative economic development practices for the past 60 years.
Webster Bank is a leading regional bank serving businesses and consumers in the northeast and celebrating its 80th anniversary.
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $25.1 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 176 banking centers and 347 ATMs. Webster also provides telephone banking, mobile banking, and Internet banking.
Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information abou